Monday, June 14th, 2010
Many years ago … Amid ongoing concerns over a dozen years of growth preceding the crisis, seem to be those responsible for making monetary decisions a paradise on earth. Then they almost nowhere to be mistaken. They were walking on the heels of such giants as Paul Volcker, who in the 80′s. successfully defeated the Great Inflation by restrictive monetary policy and restore confidence to the central bank.
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Tags: bank, Bank of England, britain, Council of the ECB, CPI, ECB, euro, europe, gold, magician, oil, Paul Volcker, printing money, United Kingdom, United States, US Federal Reserve
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Tuesday, May 18th, 2010
Inflation in Great Britain increased last month, in spite of analysts’ forecasts. According to the official statistics, now it is 3.7%. Indices of inflation are high enough in comparison with those of 2008-2009.
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Tags: britain, CPI, Great Britain, uk
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Economics | No Comments »